1104 N 5th Street, Mankato, MN 56001
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1104 N 5th Street, Mankato, MN 56001
1104 N 5th Street, Mankato, MN 56001
1104 N 5th Street, Mankato, MN 56001
1104 N 5th Street, Mankato, MN 56001
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Christa Wolner

Christa Wolner

+1(507) 327-6300
$ 280,000
Est. payment /mo
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Active

1104 N 5th Street Mankato, MN 56001

5 Beds

2 Baths

2,330 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,330 sqft

Price per Sqft $120

Subdivision Mn

MLS Listing ID 7040188

Style Triplex

Bedrooms 5

Full Baths 1

Construction Status Previously Owned

Abv Grd Liv Area 1,225

Total Fin. Sqft 1225

Annual Tax Amount $4,320

Tax Year 2026

Lot Size 10,454 Sqft

Acres 0.24

Lot Dimensions 66x158

Property Sub-Type Multi-Family

Property Description

Opportunity knocks with this cash-flow tri-plex! Strong performing rental property generating $34,680 in annual gross rental income with an attractive cap rate potential at current list price. All three units currently occupied with established rental income in place. Tenants pay all utilities! Excellent opportunity for investors seeking immediate cash flow with future rental upside potential. Property offers a diverse unit mix with strong tenant appeal and a price point difficult to find in today's multifamily market. Whether adding to an existing portfolio or entering multifamily investing for the first time, this property offers solid income, long-term appreciation potential, and strong demand in the area. Attractive price point, solid income history, and versatile occupancy options make this a property you won't want to miss!

Location

State MN

County Blue Earth County

Area Mankato Central

Direction N

Rooms

Basement Unfinished

Interior

Heating Boiler

Appliance Range/Stove, Refrigerator

Exterior

Exterior Feature Brick

Parking Features Detached

Garage Spaces 3.0

Garage Description Detached

Roof Type Asphalt Shingles

Farm No

Total Parking Spaces 2

Building

Lot Description Corner Lot, Landscaped

Story 2 Story

Foundation 1095

Sewer City

Water City

Structure Type Frame/Wood

Construction Status Previously Owned

Schools

School District Mankato #77

Others

Energy Description Other

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Connect Real Estate Group

NEARBY SCHOOLS & PROPERTIES

Christa Wolner

Christa Wolner

Broker | License ID: 40391876

+1(507) 327-6300

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